According to Circana Group and reported by The Wall Street Journal, nearly half of American consumers snack three times or more every day, a figure up 8% in the past two years. Last year, U.S. snack sales soared to over $180 billion, up 11% from the previous year.
“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”
Chicken wings are cheap and beer is expensive. Amid inflation, brands need an omnichannel approach to reach consumers, especially as it relates to snacking.
Mondelēz’s latest State of Snacking report reveals that a majority of consumers continue to prioritize snacking, even amid rising prices.
Where is the line between healthy and indulgent? Experts weigh in on the merits of new “better-for-you” snack options that intend to walk it.
Roughly 52 percent of respondents in The International Food Information Council’s (IFIC) Food & Health Survey 2022 said they followed a diet or eating pattern in the last year — up 13% from the year …
Consumers’ perpetual sweet tooth for frozen treats continues to drive category sales, despite equally persistent supply chain challenges. In particular, the frozen novelty segment has been a powerhouse over the past few years, with April …
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: weakening consumer confidence, a surge in America’s snacking, and more. The Food Institute Podcast · FI Fast Break News – May 4, 2022 …
The definition of what a snack can be is broadening, and so is the role snacks play in consumers’ lives, according to Mondelēz International’s State of Snacking 2021 study. Seventy-nine percent of global consumers say …
Snacking behavior continues to evolve as more consumers return to work and resume activities outside the home. In the months ahead, companies should anticipate demand for on-the-go items —including snack bars and single-serve packaging — …
The snack market experienced an uptick during the pandemic, as many consumers found comfort from items like popcorn during lockdowns. The global snack food market was valued at approximately $427 billion in 2020 and, according …
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
What does the future of food and snacking look like? Mars Wrigley Global Foresight Leader Joanna Lepore joins The Food Institute Podcast to discuss the 5- and 10-year prospects for chocolate, confectionary, and other munchables. …
New stats suggest consumer eating habits are shifting away from the traditional three meals per day toward more frequent snacking. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 …
Mars’ acquisition of the KIND brand is more than the latest or the largest strategic acquisition by a large food company. In this acquisition, the real “news” is the lessons its 16-year development contains for …
More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information …
Millennials and Generation Z consumers trying to balance work with other activities, along with more singles in homes, are demographics driving a trend toward healthier snacking that is replacing full, sit-down meals, experts say. Snacking …
Food Institute Focus – America Intensifies its Snacking Habits
